Jerry
Barag, CatchMark President
and CEO, said: "Our supply agreements and delivered wood sales model
continued to help generate higher harvest volumes during the quarter, helping
overcome storm-related operational slowdowns, lowered quotas and high
inventories in our markets. We also continued to realize higher stumpage prices
than South-wide market averages because of our locations and quality harvests.
Year-over-year timber agreement volumes increased 23% and delivered volumes
increased 11% during the quarter. TheDawsonvillejoint
venture completed in April and the two acquisitions completed last month should
help enhance our revenue growth going forward, and we remain very much on track
to meet our full-year 2017 guidance."

CatchMark Timber Trust,
Inc. is a self-administered and self-managed, publicly-traded REIT that strives
to deliver superior risk-adjusted returns for all stakeholders through
disciplined acquisitions, sustainable harvests and well-timed sales.